Piercebridge, Darlington, DL2

Street Guide For Piercebridge, Darlington, DL2

 

Piercebridge, Darlington, DL2 Map

Estimated Price: £607,164
Average Asking Price: £284,794
Price change in last one year: £20,107
Average Price Paid: £449,983
Average Rent Rates: £618

 

Property Prices Breakdown in Piercebridge, Darlington, DL2

Average Price for property in Piercebridge, Darlington, DL2 is around £607,164 which varies based on type of property you are interested in and ranges from £565,097 for detached house to around £699,711 for semi-detached. Values have been changing and have risen £4,094 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,088 in last 6 months, £20,107 in last 1 year, £52,034 in last 2 years, £46,417 in last 3 years, £29,929 in last 4 years and £22,043 in last 5 years.

Currently average asking price of a property in Piercebridge, Darlington, DL2 is around £284,794 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £618 per month.

Estimated property value in Piercebridge, Darlington, DL2 is £607,164. Average asking price is £284,794 while average price paid is £300,000 which is up by £20,107 and Avg. asking rent £618.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Piercebridge, Darlington, DL2 area. In last 1 year alone average price buyer paid is around £300,000 based on approximately 1 sales in Piercebridge, Darlington, DL2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £425,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £449,983 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £477,487 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £139,950, £158,629 for a 2 bedroom house, £206,760 for a 3 bedroom house, £303,405 for a 4 bedroom house and £409,552 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £139,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Piercebridge, Darlington, DL2 it comes to around average £112,475 for 1 bedroom property, £155,644 for 2 bedroom, £206,760 for 3 bedroom, £303,405 for 4 bedroom and £409,552 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £488 for 2 bedroom to £726 for 3 bedroom and £774 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £526. You should be generally be expecting around average £519 rent per month for 2 bedroom property, £726 for 3 bedroom and approximately £774 for 4 bedroom property in Piercebridge, Darlington, DL2 area.

Popular Houses in Piercebridge, Darlington, DL2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Piercebridge, Darlington, DL2